Tag: tax law
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Sequencing fiscal decentralization
Abstract: Generally, countries do not follow the optimal sequencing for decentralization policies and implementation. The gap between theory and practice is a result of the complexity of sequencing design, which discourages fiscal planners. Proper sequencing requires discipline and vision. Author(s): Bahl, Roy; Martinez-Vazquez, Jorge Source(s): , Policy research working paper; 3914 45 p., ill., tabs…